Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Matheson. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $40,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
1 Bedroom bungalow, 2 piece bath, in need of work, not move in ready. Water and sewer are available but not active at the moment as per the city of Matheson. Residential garbage fee is approx $23. Behind this property there are 2 vacant lands that are being sold all together. 661 Edward and 659 Edward, there are no utilities on the vacant lands. Property being sold "as is" no representation or warranties "EXTRAS" MPAC code 301 for 662 Gleason. Heat- vacant , Hydro- vacant, AGSF 690, 661Edward Ave (PIN 653800154) and 659 Edward Ave (PIN 653800143) are attached to 662 Gleason and are part of the sale.
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This detached home located at 662 Gleason Avenue, Black River Matheson is currently for sale and has been available on SousaSells for 444 days. This property is listed at $40,000 with an estimated mortgage of $133* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 662 Gleason Avenue, Black River Matheson is in the Matheson neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 662 Gleason Avenue, Black River Matheson, ON P0K 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Black River Matheson.
About Purchasing a Home in Black River Matheson, ON
For a property listed at $40,000 in Black River Matheson, the legal minimum down payment is $2,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $200 for this transaction. As this listing is in Black River Matheson (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $200.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.